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Nov 17, 2012
11/12
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jimmy p., i love this new washington picture. and i don't want to be pessimistic. i want to be optimistic. maybe they can make a deal. but here's what i worry about, jimmy. here's what i fear. the republicans are conceding that they'll give a revenue -- a tax revenue portion by limiting deductions. but i don't see any spending cuts. the sequester has been called off. mr. boehner would like a down payment on entitlements. i don't see that happening. to me remember it used to be 3-1 or 4-1 spending cuts to revenue increases. right now it looks to me like it's 10-1. 10-0. $10 of revenue hikes and no spending cuts, jimmy pethokoukis. >> i think what we're going to get at the end of the day, you're going to get a lot of tax increases, and then you're going to get a lot of promises about caps and mechanisms. be careful of the word "process." there's going to be a process in place for looking at further spending cuts. or entitlement reform. but that's all going to be like tomorrow, the day after tomorrow, the 12th of never. what we're going to get right away are tax incre
jimmy p., i love this new washington picture. and i don't want to be pessimistic. i want to be optimistic. maybe they can make a deal. but here's what i worry about, jimmy. here's what i fear. the republicans are conceding that they'll give a revenue -- a tax revenue portion by limiting deductions. but i don't see any spending cuts. the sequester has been called off. mr. boehner would like a down payment on entitlements. i don't see that happening. to me remember it used to be 3-1 or 4-1...
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Nov 13, 2012
11/12
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if washington avoids the fiscal cliff, if, it sure looks like this could be a big-time buy opportunity. think about it. we are about to ask the money manager if he is thinking the same thing. later, president obama's going to make a public campaign to build support for his fiscal plan but what are those plans exactly? what is this public campaign? what's going on inside of his head. and don't forget, folks, i know sometimes it is discouraging. free market capital its silver medal the best path to prosperity ask i believe that it will prevail. just ask those oil drillers in north dakota. they have it right. "the kudlow report" is coming right back. >> going off the skifiscal christmas eve would be a disaster. >> time to rise above partisan politics. the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need i
if washington avoids the fiscal cliff, if, it sure looks like this could be a big-time buy opportunity. think about it. we are about to ask the money manager if he is thinking the same thing. later, president obama's going to make a public campaign to build support for his fiscal plan but what are those plans exactly? what is this public campaign? what's going on inside of his head. and don't forget, folks, i know sometimes it is discouraging. free market capital its silver medal the best path...
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Nov 16, 2012
11/12
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and he said the same to his republican representatives in washington. he said that he'll back each of us, regardless of party, as long as we work together to make life better for all of us. and he made it clear that if we don't make enough progress, he'll be back in touch. >> so here now from nashville is steve wise. he's the author of that letter and he's the president and ceo of identified, inc. steve, welcome. congratulations. i want to ask you briefly. in the first term, president obama on the stimulus package and on obama care, there was no compromise. there was no reaching across the aisle. do you believe, sir, that in the second term president obama will change and will find common ground with republicans? >> well, larry, i'm an optimist. i believe that you need to give people a chance, you need to tell them you support them and then you need to hold them accountable. that's why i felt that i needed to send that message off to the president and to my representatives, really telling them that time is now. we can't wait any longer. we've got to do
and he said the same to his republican representatives in washington. he said that he'll back each of us, regardless of party, as long as we work together to make life better for all of us. and he made it clear that if we don't make enough progress, he'll be back in touch. >> so here now from nashville is steve wise. he's the author of that letter and he's the president and ceo of identified, inc. steve, welcome. congratulations. i want to ask you briefly. in the first term, president...
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Nov 10, 2012
11/12
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point them at washington. good evening, everyone, this is "the kudlow report." >> the president urged both sides of the aisle to get america's fiscal house before we fall off the cliff 52 days from now. what if they're arguing about the difference between tax loopholes and marginal tax rates. that's the debate. >> you mark my words. there's no way that the entire tax hike would be allowed to take place. no way. in terms of investment strategy, it is ridiculous that we'll be facing this. why all of the bickering when it equates to just one quarter of 1% of gdp. all right, supply side art mentor will join us to discuss. >>> also tonight, a shocker, david petraeus quits in disgrace or was he forced out just days before he was to testify in front of congress over the benghazi embassy terror attack. will we ever get the real answers? was the threat of blackmail behind this? >> we begin this evening with the president pushing congress to come together right now and solve the fiscal cliff mess. let's give peace a cha
point them at washington. good evening, everyone, this is "the kudlow report." >> the president urged both sides of the aisle to get america's fiscal house before we fall off the cliff 52 days from now. what if they're arguing about the difference between tax loopholes and marginal tax rates. that's the debate. >> you mark my words. there's no way that the entire tax hike would be allowed to take place. no way. in terms of investment strategy, it is ridiculous that we'll...
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Nov 27, 2012
11/12
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many thanks to john harwood coming from washington, d.c. now, with everyone in washington talking tax hikes, whatever happened to spending cuts? that's really my question. spending cuts and limited government and private sector free enterprise and growth. here now is cnbc contributor and democratic vat gist keith boykin, a former clinton white house aide and best selling author and talk show host larry elder, out with a new took, "dear father, dear son." larry already the show talking about the book. there may be a deal on taxes, i have no idea, but i don't hear any reductions in spending. wasn't $1.2 trillion sequester, larry. that seems to be gone, the across-the-board cuts. i want to ask you do you think it's possible that this whole exercise could wind up enlarging government, increasing the entitlement state and not doing what many of us want it to do? >> let me think about that. i've thought about that. unfortunately, larry, you are right. one of the republican favorite exercise according to my friend tom sowell is running for the him
many thanks to john harwood coming from washington, d.c. now, with everyone in washington talking tax hikes, whatever happened to spending cuts? that's really my question. spending cuts and limited government and private sector free enterprise and growth. here now is cnbc contributor and democratic vat gist keith boykin, a former clinton white house aide and best selling author and talk show host larry elder, out with a new took, "dear father, dear son." larry already the show talking...
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Nov 15, 2012
11/12
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question that the stock market would actually do that and really concentrate the mind of these dopes in washington. >> wasn't it bob ruben who said during the clinton years -- or james carville -- the same thing. look what happened, clinton cut the rate and you had a huge rally in stocks and bonds. the stork market may do the same thing here. >> if you want to root for a bullish stock market, maybe in the short term, let's get a deal going and then do tax reform and entitlement reform. meantime, i think stocks are warping these guys you're going to put us on the precipice of a recession, and that's bad for earnings and stocks. >> the fed has done the same thing. they've come out in recent weeks and said instead of just buying $45 billion of bonds every month, we may have to double that and extend it out further. >> richard fisher of the dallas fed told me last night they don't do that. actually, that's not fair. he said in his opinion they shouldn't do that. we don't know, you might right. mike of "forbes," thank you very much. >>> this is truly the video of the day. the israelis get their man. th
question that the stock market would actually do that and really concentrate the mind of these dopes in washington. >> wasn't it bob ruben who said during the clinton years -- or james carville -- the same thing. look what happened, clinton cut the rate and you had a huge rally in stocks and bonds. the stork market may do the same thing here. >> if you want to root for a bullish stock market, maybe in the short term, let's get a deal going and then do tax reform and entitlement...
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Nov 22, 2012
11/12
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this is a serious question that i'm hearing from washington all the time. so let's talk. we have cnbc contributor jack bernstein, former chief economist, and art laffer, former reagan adviser. i'm not attacking obama or anything. i'm just saying there is a lot of talk of stalemate. well perhaps go through where, why and how. staffs have been meeting unsuccessfully. some people are saying, art, that the scenario is going to be that president finally throws up his hands and says there is no deal, we're going to have a stalemate and we will tall off the fiscal cliff into recession and then he will blame the republicans. what's your take? >> i think he's going to blame the republicans, larry, for sure. and i think in the republican's interest to delay it as long as possible and make the republicans look as uncooperative as possible. but we will fall off the cliff anyway, larry. and i think we will have a very bad year in 2013, even if they do extend all of the tax cuts. i think we have a real bad scenario coming forward. >> jared bernstein, what do you think that the presiden
this is a serious question that i'm hearing from washington all the time. so let's talk. we have cnbc contributor jack bernstein, former chief economist, and art laffer, former reagan adviser. i'm not attacking obama or anything. i'm just saying there is a lot of talk of stalemate. well perhaps go through where, why and how. staffs have been meeting unsuccessfully. some people are saying, art, that the scenario is going to be that president finally throws up his hands and says there is no deal,...
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Nov 6, 2012
11/12
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chief washington correspondent john harwin knows. >> everything we know suggests it's going to be chose. let me give you context for prediction of a romney victory. take the latest nbc/"wall street journal" poll. obama 48%, romney photography%, can't get any closer than that, well wind the margin of error. then go to the battleground states. we've got three late battle ground state polls. first of all in the state of virginia which as you mentioned, polls close early, 13 electoral votes, 48/47, president obama on top. state of florida, two-point lead for president obama. the state of ohio, most people have seen as the hinge point of this election, president obama's up 51/45. let's look at where the battleground states stand. if you average polls taken on the real clear politics website, of the nine battle ground states romney is only leading in the average of those polls in the two of them, north carolina and florida. the other states, president obama's got a lead. i'm talking about iowa, colorado, new hampshire, ohio, nevada, all states where president obama's doing very well. at least
chief washington correspondent john harwin knows. >> everything we know suggests it's going to be chose. let me give you context for prediction of a romney victory. take the latest nbc/"wall street journal" poll. obama 48%, romney photography%, can't get any closer than that, well wind the margin of error. then go to the battleground states. we've got three late battle ground state polls. first of all in the state of virginia which as you mentioned, polls close early, 13...
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Nov 14, 2012
11/12
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they were unique in washington and we can't carry the ball. >> in a nutshell, how does the economy look to you? our job growth is running above 3%. we have other sections of the country not running so well. it is just a number and the second half of this year? but that is not enough to create the jobs that will put the american people back to work. that will not happen until the politicians get their act together. >> i must say, sir, i couldn't agree more. i think you are debt right. >> thank you. >> the idea solving the fiscal cliff crisis with tax deductions may raise revenue from the wealthy. the full story on that coming up next. well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i
they were unique in washington and we can't carry the ball. >> in a nutshell, how does the economy look to you? our job growth is running above 3%. we have other sections of the country not running so well. it is just a number and the second half of this year? but that is not enough to create the jobs that will put the american people back to work. that will not happen until the politicians get their act together. >> i must say, sir, i couldn't agree more. i think you are debt...